Is it better to use the shift0 and shift1, or the shift1 and shift2 to build the cross over?
Define "better"
- Using current bar means you get the signal earlier and closer to the cross price.
- Using current bar means you may get multiple crosses as the bar forms and may get false signals if the market retreats.
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Hi all,
Assumed the stratergy is simple. It is based on the RSI cross over. If crosses over 70 -> go short. If crosses under 30 -> go long.
My question: In this case will you use the shift1 for previous and shift0 for the current, or use the shift2 for previous and the shift1 for cirrent?
I've seen many codes and books. Some use the shift0 and shift1, but the other use shift2 and shift1.
The reason for using shift2 and the shift1 is: Since the shift0 will change tick after tick. At this tick it will cross over the threshold but in the next tick it will cross under the threshold. This will create many entry and exit signals. So it is better to use the shift2 and the shift1.